2 bedroom flat for sale

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2 bedroom flat for sale

High Street, Montrose, Angus, DD10
£49,000

Our Summary

  • This makes it an excellent investment opportunity with the potential for significant capital appreciation
  • Ideal investment opportunity

Description

This exceptional two-bedroom apartment is located in the heart of Montrose town centre, boasting high-quality finishes and ample natural light. The property is currently tenanted and has been since 2017, with rent increases issued in May of this year and again in May 2024. The apartment is situated in a traditional 19th-century town building and is one of three flats, with the others being sold separately. The location offers easy access to a range of amenities, including shops, restaurants, and public transport links to nearby towns and cities. The property is an excellent investment opportunity, with a current gross yield of 9.80% and potential for significant capital appreciation due to its prime location and strong demand. With minimal maintenance issues, this property is an attractive option for investors looking to maximize their returns.
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